In the world of cryptocurrency, Coinbase is the term used to refer to the content of the ‘input’ of a generation transaction. There is actually an interesting situation within the context of blockchain. Regular transactions use the ‘inputs’ section to refer to their parent transaction outputs, the referencing of hashes to previous hashes (created a chain); there also exists the concept of a generation transaction. A Generation transaction has no parent, and creates new coins from nothing. (Those coins can be though of as premines).

     Coinbase is also an extremely popular wallet software service that is perfect for new users to buy/sell crypto assets and transfer money to their bank accounts. 

      Related Terms:



BTC: bc1qcskmel9llhrdqj3arxyqnennx4ashvfutlreyy
LTC: ltc1qa0fj4lcu5365rep50aza5fqqvx8ef0afemh6s5
ETH: 0x071D72dbc48ad2Fe35daE256eCF0834C5dde688c
DASH: XgXHqVyJiQNdVVszH9cnqCP4uWcP8tVxdK
BNB: bnb1mau4j8kry0jgw45ufy69hvhd0k04llet8fk2p6

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